Depreciation rate

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2017 DEAR ALL,
I WANT TO KNOW THE DEPRECIATION RATE AS PER COMPANIES ACT 2013 ON THE FOLLOWING ASSETS
1) FURNITURE & FIXTURE
2) PROJECTOR
3) AIR CONDITIONER
4) COMPUTER
5) MOTOR CAR
6) AQUAGUARD

THANK YOU FOR YOUR PARTICIPATION !!

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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01 June 2017 10% for furniture\
60% for computer
15% for remaining all

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2017 DEAR MADAM,
THANK YOU FOR YOUR REPLY

PLEASE LET ME KNOW THE DEPRECIATION RATE AS PER INCOME TAX FOR SAID ASSETS.

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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01 June 2017 Sorry this rates are according to income tax

Guest

Guest (Expert)

01 June 2017 there is no rate of depreciation in companies act 2013. Rather useful life is given in schedule and accordingly you need to calculate depreciation rate